| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $125M | $107M | -8.3% | 7.1% |
| Op. Income | -$4M | $5M | -$3M | -181.7% | -28.9% |
| Gross Margin | 13.9% | 19.4% | 15.1% | -5.5pp | -1.1pp |
| Net Margin | -4.1% | 3.8% | -3.6% | -7.9pp | -0.6pp |
| EPS (Diluted) | $-0.80 | $0.80 | $-0.69 | -200.0% | -15.9% |
| Free Cash Flow | $458.0K | $1M | -$1M | -60.6% | 142.2% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $9M |
| Operating Expenses | $20M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $368.0K |
| Other Income/Expenses | -$368.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $22.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $6M |
| EBIT | -$4M |
| EBITDA | $1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $674.0K |
| Deferred Income Tax | -$12.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $582.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $458.0K |
| Net Change in Cash | -$894.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $9M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $308M |
| Goodwill | $7M |
| Intangible Assets | $668.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $319M |
| TOTAL ASSETS | $341M |
| Account Payables | $16M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $269.0K |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $304M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | -$135M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $341M |
| Total Debt | $250M |
| Net Debt | $248M |
